Marketplace And Development Enterprises SEND Intl
Nonprofit profile at a glance
- EIN
- 472192438
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- Indianapolis, IN, USA
- Phone
- 4698556924
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $293,886
- Expenses
- $374,445
- Assets
- $84,558
- Liabilities
- $10,667
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- HERBERT SEVERIN (CEO)
Highest reported compensation
- HERBERT SEVERIN (CEO): $79,333 total reported compensation
- MARK P CANADA (Board Chair): $29,370 total reported compensation
- RUTH D HUBBARD (Director): $26,750 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
MDE's mission is to provide its members with resources that encourage and empower them to take the presence and message of Jesus Christ to the marketplaces of unreached communities around the world.
What it reported doing in 2024
Member Support: MDE provides mentoring, training and business, mission missional and human resource support for its members and volunteers to promote church planting and evangelism around the world.
Operating model
- Revenue model
- Donor-supported. 71% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 84
- Accountability: 53
- Sustainability: 12
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.6%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 9th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 60%; rating input score 60; 17th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -27.4%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.23; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 36.2%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 34.5% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 7.3% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: -16.7% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.6% of spending went to programs
- Governance: 3 of 5 board members independent · 4 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $374K in reported program spending
- Leadership: top reported pay $79K · 6 people listed
- Consistency: 13 of 15 current checks pass · 2 findings to review
- Schedules: 3 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Sustainability: Operating margin scored 10/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.